Increasing Penetration Of Smartphones, Wearable Devices And Connectivity Devices To Drive The Growth Of Russia Internet Of Things (Iot) Market In Future, According To Research Nester
“ Russia Internet of Things (IoT) Market: Demand Analysis & Opportunity Outlook 2023 ” Russia Internet of Things (IoT) market is segmented into components such as devices, sensors, actuators and platforms. Among these segments, IoT devices segment is expected to occupy the top position in the market. IoT devices segment is anticipated to grow on the back of increasing adoption of smartphones. Moreover, rising demand and sale of wearable gadgets and other connectivity devices is expected to garner the growth of Russia IoT devices market. Russia Internet of Things (IoT) market is expected to grow at a CAGR of 19.6% over the forecast period. Moreover, Russia Internet of Things (IoT) market is projected to reach USD 74.0 Billion by the end of 2023. Factors such as surging adoption of smartphones and high penetration rate of internet are expected to expand the market of Russia Internet of Things (IoT). Data management segment by software is expected to flourish at a CAGR o...